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The Senate has voted to limit debate on a multi-faceted bill including an extension of the National Flood Insurance Program through April 30, while talks continue on giving the program a longer life.
Spokesmen for several major insurers said their companies had begun the subrogation process against Toyota, but little detail concerning the process or scope was offered.
Aon Global Insurance Managers, the captive management division of Aon Corporation, announced the launch of its group captive solutions practice, which will provide risk financing alternatives to Aon's middle-market clients.
Big auto insurers, who said in February they were reviewing Toyota auto accident claims for subrogation actions involving accelerator problems, have begun moving cases with the carmaker.
The finishing touches are being made on next month's ACORD LOMA Insurance Systems Forum, running May 24-26 at the Mandalay Bay Resort in Las Vegas.
Entries are invited for the "Commercial Insurance Agency of the Year" Award program, run jointly by National Underwriter and American Agent & Broker.
Enactment of the new health care reform law has already spawned fraud schemes by which individuals are seeking to sell bogus policies through 1-800 numbers and by going door-to-door, federal regulators are warning.
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